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June 6, 2019
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Can I still withdraw $10k from my Roth IRA without penalty for a 1st time home purchase, even under the new tax law passed Dec. 2017?

  • June 6, 2019
  • 1 reply
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Best answer by testtesttesttesttesttesttest

The new tax law mainly affects income limits for contributions. 

The rules for qualified distributions, including qualified first-time home purchase, remain the same.

Here's a link to the full list of Roth Ira rules from the IRS: IRS Roth IRA Rules

as well as some useful blog posts:

2018 Roth Ira changes

2018 Roth Ira Withdrawal Rules

1 reply

June 6, 2019

The new tax law mainly affects income limits for contributions. 

The rules for qualified distributions, including qualified first-time home purchase, remain the same.

Here's a link to the full list of Roth Ira rules from the IRS: IRS Roth IRA Rules

as well as some useful blog posts:

2018 Roth Ira changes

2018 Roth Ira Withdrawal Rules

paloma625Author
June 6, 2019
Thank you Christian, that's very helpful! So I can withdraw $10,000 in earnings plus any contributions, or $10,000 total (earnings + contributions)?